Chairman of the Technical Committee on Foreign Direct Investments, Mr. Gabriel Ukpeh has restated the commitment of the state governor, Mr. Udom Emmanuel to the completion of projects started by his administration.
Mr. Gabriel Ukpeh stated this when he spoke on AKBC Radio on Friday, March 15 on Governor Emmanuel’s plan for his second term in office.
He said that a number of projects put forward by the Governor will soon be completed before the second quarter of the year.
According to him, 15 projects have been completed while 18 more are ongoing. He listed the ongoing projects to include: Qua steel in Eket, a $60m investment with automobile plants (by israeli and chinese) and MRO hangers, a fertilizer manufacturing plant at Ikot Absi worth $3bn investment, Ikot Abasi Ethanol plant, LED factory for manufacturing low energy bulbs, 50,000 sq free trade zone at Ikot Abasi which will consist logistics Jetty, petrochemical plant, LNG plants among others.
Ukpeh said, the amount of gas generated in Akwa Ibom state was enough to generate power for the whole country, adding that constant electricity was one of the determinants for attracting more investments to the state.
The FDI chairman also stated that the Governor has set up a committee on Agriculture and food sufficiency in the state, and that investors who will open up rice plantation and mills, starch manufacturing to ensure that Akwa Ibomites have access to food are on ground.
Mr. Ukpeh noted also that the Governor is committed to engaging with the foreign direct investors to open up more business opportunities for sustainable economic growth in the State. The essence of this, he said, is to create and open up more employment opportunities for Akwa Ibom indigenes.
He explained that every signed Memorandum of Understanding (MOU) agreed on by the state government with its foreign investors has an instruction to give Akwa Ibomites more preference for employment.
Mr Ukpeh however urged the youths to not only seek employment but apply to be distributors in these companies as well to enable them become employers of Labour too.
Ukpeh noted that the Governor was very happy with the mandate given him by the people and has promised to work assiduously to ensure that by 2023 Akwa Ibom state will be fully industrialized.